“On behalf of Vermont State University (VTSU), we are delighted to congratulate our partners at GlobalFoundries (GF), who recently received $1.5 billion in planned direct funding from the U.S. Department of Commerce as part of the U.S. CHIPS and Science Act. This investment will help GF to expand and create new manufacturing capacity at their Essex Junction, Vermont facility to increase their capabilities to securely produce more essential chips for automotive, internet, aerospace, defense and other vital markets in Vermont. The funding will also enable GF to update its Vermont facility.”
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